HP Inc.

HP Inc. is a global technology company focused on developing personal computing, printing, and 3D printing solutions. Formed in 2015 following the split of the historic Hewlett-Packard corporation, it retains the legacy hardware business, including the iconic HP LaserJet and HP DeskJet printer lines, as well as a portfolio of personal computers. The company is publicly traded on the New York Stock Exchange under the ticker HPQ and is a constituent of the S&P 500, with its headquarters located in Palo Alto, California.

History

The company's origins trace back to the 1939 founding of Hewlett-Packard by Bill Hewlett and David Packard in a Palo Alto, California garage, a site now celebrated as the "Birthplace of Silicon Valley." For decades, Hewlett-Packard operated as a unified entity, pioneering products like the HP 9100A desktop calculator and the revolutionary HP LaserJet printer. In a major corporate restructuring announced in 2014 under then-CEO Meg Whitman, the conglomerate was divided, with its enterprise technology and services units spun off into Hewlett Packard Enterprise. On November 1, 2015, the separation was completed, creating the independent HP Inc. to manage the personal computing and printing businesses. Since the split, leadership under CEO Enrique Lores has focused on transforming the core printing business through services like HP Instant Ink and expanding into growth areas such as industrial 3D printing systems.

Products

The company's portfolio is organized into two primary business units: Personal Systems and Printing. The Personal Systems segment includes a wide range of PCs, such as the commercial-focused HP EliteBook and HP ProBook notebooks, the consumer-oriented HP Pavilion and HP ENVY lines, high-performance HP Omen gaming systems, and the premium HP Spectre convertible laptops. The Printing segment encompasses consumer and commercial hardware, including inkjet and laser models under the HP DeskJet, HP OfficeJet, and HP LaserJet brands, alongside large-format printers and graphic arts solutions. It also offers the HP Sprocket mobile photo printer and has a significant presence in the industrial 3D printing market with systems like the HP Jet Fusion series. Software and services, such as the HP Wolf Security platform and the HP Smart application, complement this hardware ecosystem.

Corporate affairs

The company is led by President and Chief Executive Officer Enrique Lores, a long-time veteran of the former Hewlett-Packard. Key divisions are run by executives like Alex Cho, President of Personal Systems, and Tuan Tran, President of Imaging and Printing. Its corporate headquarters are situated in Palo Alto, California, with major operational and research facilities worldwide. As a publicly traded entity, its stock is listed on the New York Stock Exchange (HPQ) and it is a component of the S&P 500 index. The company engages in significant research and development, often collaborating with partners like Intel, Microsoft, and AMD to integrate the latest technologies into its products. It has also pursued strategic acquisitions, such as the purchase of Samsung Electronics' printer business in 2017, to bolster its intellectual property and market position.

Environmental and social impact

The company has established several public commitments regarding sustainability and corporate responsibility. A central pillar of its environmental strategy is a drive toward a circular economy, with goals to increase the use of recycled materials in its products and packaging. Its HP Planet Partners program provides take-back and recycling services for hardware and supplies globally. In social governance, the company publishes annual sustainability reports and has set targets for improving diversity within its workforce and leadership. It also runs various global initiatives, such as the HP LIFE digital skills training program in partnership with organizations like the World Bank, and has made pledges related to digital equity and forest conservation in its supply chain.

See also

* Hewlett Packard Enterprise * Dell Technologies * Canon Inc. * Epson * 3D Systems

Category:Companies based in Santa Clara County, California Category:Computer hardware companies of the United States Category:Printing companies of the United States